In a strategic move to revolutionize travel payments, Amadeus, a key player in the travel technology sector, has announced the successful acquisition of Voxel, a leading provider of electronic invoice and B2B payment solutions. This acquisition is poised to reshape the landscape of travel payments, offering a seamless experience for stakeholders across the industry.
The acquisition of Voxel aligns perfectly with Amadeus' commitment to enhancing its offerings for customers. By integrating Voxel's cutting-edge solutions, Amadeus aims to provide an extensive range of payment services to travel sellers while simplifying invoice management for various entities including tour operators, TMCs, hotel aggregators, and hotels themselves. Furthermore, this strategic move positions Amadeus to better serve its corporate clientele by automating critical aspects of the business travel experience, from reservation to expense management.
Decius Valmorbida, President of Travel at Amadeus, emphasized the significance of seamless payments in elevating the overall travel experience. He highlighted the synergies between both teams and their shared dedication to leveraging technology for the betterment of the travel industry.
Àngel Garrido, CEO of Voxel, expressed enthusiasm about joining forces with Amadeus, citing the opportunity to accelerate growth and innovation in travel technology. He believes that the acquisition will not only streamline processes for travel sellers but also enhance services for travel providers.
David Doctor, CEO of Outpayce, underscored the strategic importance of the acquisition in fortifying Amadeus' payment ecosystem. He anticipates collaborating closely with the Voxel team to deliver frictionless travel payments.
Renowned for its specialization in e-invoicing and B2B electronic payments, Voxel caters to a diverse clientele spanning across 100 countries. The company's Bavel Platform facilitates over 100 million transactions annually, benefiting thousands of hotels, tour operators, and travel companies worldwide.
Founded in 1998 and headquartered in Barcelona, Spain, Voxel brings over 200 skilled professionals to Amadeus as part of the acquisition, further cementing Amadeus' position as a trailblazer in travel technology.
This acquisition marks a significant milestone in Amadeus' journey to redefine travel payments and underscores its unwavering commitment to delivering innovative solutions that enhance the travel experience for all stakeholders.